Arcusvs
dYdX
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 3 liquid markets shared by Arcus and dYdX, the best funding setup over the past 7 days is $ETH (long dYdX, short Arcus): it paid 12.9% APR, 5.4% after costs, and held 88% of the time.
3 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs — not by the instantaneous APR.
“7d avg” is the funding spread the pair actually paid over the last 7 days. “After costs” subtracts taker fees for opening and closing both legs over a 7-day hold. “Holds” is the share of hours the spread kept the same sign and at least 5% APR.
| Arcus | dYdX | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 0.0225%✓ | 0.05% |
| Maker fee | 0%✓ | 0.01% |
| Open Interest | $85.5M✓ | $36.6M |
| 24h Volume | $346.8M✓ | $25.6M |
| Avg Funding APR | 14.82% | 5.75% |
| Markets | 59 | 73✓ |
| Airdrop / token | Pre-TGE | Listed |
Arcus and dYdX are both perpetual-futures venues tracked on ORBIT. On fees, Arcus is cheaper (0.0225% vs 0.05% taker). On liquidity, Arcus is deeper with $85.5M open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely “one or the other” — you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where Arcus and dYdX diverge right now, then verify the pair in the backtester.
Frequently asked questions
- Which funding setup between Arcus and dYdX pays most?
- Across 3 liquid markets shared by Arcus and dYdX, the best funding setup over the past 7 days is $ETH (long dYdX, short Arcus): it paid 12.9% APR, 5.4% after costs, and held 88% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Arcus or dYdX cheaper?
- Arcus charges 0.0225% taker / 0% maker; dYdX charges 0.05% taker / 0.01% maker. Arcus has the lower taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, Arcus or dYdX?
- Arcus has $85.5M open interest across 59 markets; dYdX has $36.6M across 73. Arcus is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Arcus and dYdX?
- Yes — when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.